Going to school is a smart way to up your skills when it comes to finding a career, but the 'High Price of Higher Education' Infographics reveals the mountainous expenses that come with the cost of going to post-secondary.
In some nations, going to college or university is free and entirely taken care of by the government, but Americans aren't so lucky; debt is expected to accumulate to an amount higher than an average home downpayment.
This infographic created by H&R Block shows viewers the sad truth about going to college. There's a list of the five most expensive schools in the U.S. and the five least expensive. The statistics show the salary that people make and for a degree in petroleum engineering, expect to make up to $120,000, while a study in counseling and psychology is a mere $29,000. Skim through 'The High Price of Higher Education' infographics to see where you stand in the post-secondary debacle.
Costly College Charts
The High Price of Higher Education Infographic Reveals School Tuitions
Trend Themes
1. Rising College Tuitions - The increasing cost of higher education is creating an opportunity for affordable online learning platforms.
2. Student Debt Crisis - The mounting student debt crisis presents an opportunity for innovative financial solutions and alternative funding models for education.
3. Job-specific Education - The discrepancy in salaries based on different degrees highlights the need for job-specific education programs to ensure career success and return on investment.
Industry Implications
1. Online Learning Platforms - The high cost of traditional education is driving the demand for online learning platforms that offer affordable and flexible alternatives.
2. Fintech - The student debt crisis presents an opportunity for fintech companies to develop innovative solutions for student loan management and repayment.
3. Career Counseling and Mentorship - The disparity in salaries for different degrees highlights the need for career counseling and mentorship services to guide students towards high-earning fields.